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Microcap & Penny Stocks : cysi - CYSI - CYBERFAST SYSTEM

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To: Sir Auric Goldfinger who wrote (74)6/29/1999 1:13:00 AM
From: dumbmoney  Read Replies (1) of 97
 
The only info about Cyberslimfast I could find on the web was this tout site: investorelations.com. (This alleged high-tech internet company doesn't appear to have a web site of its own!)

The tout firm doesn't disclose compensation. I guess they don't have to because they style themselves as a "PR firm" (with 4 clients, all of them OTCBB companies).

Here's the blurb:

Cyberfast has developed a proprietary Internet telephony billing software (required to meter per minute usage). They have completely installed 2 out of 22 circuits under contract in Europe for 1999 and when all are completed, could generate revenues in the range of $100 million per year. Voice Over Internet Protocol (VOIP) has been embraced by the major telephone companies worldwide with annual projected revenues in 2005 of $14 Billion.
Cisco Systems Inc. has extended an open line of credit through 1999, for this state-of-the-art, Voice Over Internet Protocol (VOIP) company which generated 10% of the worldwide revenues in the (VOIP) business in 1998 with a net pre-tax profit of 34 cents per share.


The boldface part is FALSE according to Cisco IR. According to Cisco, "We have provided a limited amount of financing through a third party to Cyberfast. It is not open-ended."
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